With this paper I investigate empirically the relationship between globalization and governance. To this end, I use a measure of globalization that distinguishes the social and political dimensions of integration from the economic dimension, which allows me to adopt a broader perspective than...

I investigate the relationship between short-term instability and output growth in the European regions, using disaggregated data for six manufacturing activities over the period 1980 –2006. The results show a positive link between sectoral volatility and growth. This finding is robust to the...